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Raeside Chisholm Solicitors Blog

Blog and latest news from our solicitors based in Glasgow, Scotland. Call us to find out how we can help you.

Premium paid for property in top school areas

It is always interesting to see how different factors can affect property prices. Some data has now produced which shows that parents hoping to send their children to Scotland’s best state secondary schools face paying two thirds more for a house in the catchment area than in the neighbouring streets.  Overall, property prices in the neighbourhoods of the top ten best performing secondary schools average at 14% higher than the price of a house elsewhere in the local area.

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MSP raises concerns over COVID-19 impact on home movers

Aberdeenshire West MSP Alexander Burnett warns some movers may have bought new homes but been unable to sell their old ones before lockdown measures were introduced, and has called on the Scottish Government to introduce a grace period after lockdown is lifted, so they aren’t penalised for owning second homes.

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Potential boom in rural conveyancing

The Corona Virus pandemic is likely to spark a boom in rural living, with working from home and multi-generational families becoming more common.

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Impact of Covid19 on Scotland’s property department

The ESPC have analysed the impact that Covid19 has had on the Scottish market.  Whilst there has been a marked decrease in both the volume of sales and the number of houses coming to the market since March, the analysis has found that this is because of the impact of social distancing measures and Scottish Government guidance, rather than lack of demand. 

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Scotland’s property market adapts to social distancing measures

Despite the uncertainty and the new restrictions on daily life imposed by the UK Government, several buyers still want to make property purchases.  We are still finding cases of buyers paying in excess of the Home Report valuation for a house or flat and many properties are still going to closing dates. This shows that buyers are still keen to secure property purchases, despite the Coronavirus pandemic.  If you want to go ahead with either a purchase or sale, our conveyancing team are pleased to be available to assist you and are able to deal with all matters remotely at this time.

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Latest News

19 October 2021
Commercial
It has been reported that momentum in Glasgow’s office market has “significantly” increased over the past three months, with activity expected to remain healthy across all sectors. Take up in the city centre is up 66% on the ten-year average.  O...
29 September 2021
Estate Agency
The average house price in Scotland reached a new record level this summer. At the end of July, the average price stood at £207,877.00. This was up £5,950.00 or 2.9% on June, which is the largest increase in a month for over 6 years. Figures revealed...
16 September 2021
Estate Agency
According to the latest figures from the UK House Price Index, as reported by the Registers of Scotland, Scottish house price growth has continued in July.  The average price of a property in Scotland in July 2021 was £177,166.00.  Not only...
14 September 2021
Legal Services for the Elderly
We are pleased to advise that we are taking part in the Will Aid Scheme again this November 2021. The Will Aid scheme takes place across the country throughout the month of November and supports ActionAid, Age UK, British Red Cross, Christian Aid, NS...
13 September 2021
Estate Agency
Research from Rightmove has shown that Scotland has now overtaken London as the fasted moving market for homes which cost more than £1,000,000.  Analysis shows that these properties in Scotland typically find a buyer within 61 days which is some...
24 August 2021
Legal Services for the Elderly
Figures recently released have shown that fewer people have been registering a Power of Attorney, amid the pandemic. It appears that lockdown is forcing many people to delay setting up a Power of Attorney and this could certainly cause unnecessary di...

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